development agreement tax issues

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....evelopment agreement tax issues<br> Query (Issue) Started By: - Gagandeep Singh Dated:- 12-12-2014 Last Reply Date:- 16-1-2016 Income Tax<br>Got 1 Reply<br>Income Tax<br>Hello SirI (land owner) have e....

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....ntered into a development agreement with a developer for construction of residential flats on my land. The owner allocation will be 40&#37; of the constructed area while the developer will take away r....

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....est 60&#37; and have the rights to sake his part. Whereas the land owner has received his 40&#37; of constructed area he has kept it as it is (he had not sold his part and the rights are with him).I w....

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....ant to know will any tax be levied on the land owner as there is no cash transaction and he only received 40&#37; of the constructed part. Reply By MARIAPPAN GOVINDARAJAN: The Reply: Whether you have....

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.... got clarified in the above issue? If not please inform.<br> Discussion Forum - Knowledge Sharing ....